NEWS

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AEVOLVE Technology Incorporation, a U.S.-based company, on Sunday said it was set to collaborate with ATD Communication Services Ltd to change the face of digital broadcasting in Nigeria.
The President of AEVOLVE, Mr Leslie Snead, made the disclosure while addressing newsmen on the project’s structure with their indigenous partner, ATD…

New rules adopted yesterday in a close vote by the Federal Communications Commission (FCC) are aimed at increasing privacy protections for customers of broadband Internet services. The rules spell out opt-in and opt-out requirements for different types of customer data that ISPs can use or share with others, and also…

Vodafone's Dutch subsidiary said on Friday it had sold fixed-line operations with around 150,000 customers to Deutsche Telekom subsidiary T-Mobile Nederland for an undisclosed sum.
Vodafone agreed to sell the operations as a concession to European Union regulators in order to gain approval for the larger merger of Vodafone's Dutch…

Dalian Wanda Group announced on November 4 the acquisition of a 100% stake in Dick Clark Productions, Inc. (DCP) for approximately $1 billion, marking Wanda's entry into the television production industry. It’s a big step forward in expanding Wanda’s map in the entertainment industry.
Founded in 1957, DCP is a…

Viacom Inc, the owner of Comedy Central, Nickelodeon and MTV, is in talks to acquire Argentine broadcaster Television Federal SA from phone carrier Telefonica SA (TEF.MC) for up to $385 million, according to people familiar with the deal.
The deal could be announced as soon as this week, said one…

Smartphone chipmaker Qualcomm Inc , which agreed to buy NXP Semiconductors NV for about $38 billion last week, reported a 13.3 percent rise in quarterly revenue on Wednesday, helped by strong demand.
Net income attributable to Qualcomm rose to $1.60 billion, or $1.07 per share, in the fourth quarter ended…

Chipmaker Broadcom Ltd said it would buy Brocade Communications Systems Inc (BRCD.O) for $5.5 billion, pushing deeper into the fast-growing market for network equipment used in data centers.
The deal, the latest in a consolidating chip sector, will allow Broadcom to corner a larger share of the data center products…

Discovery Communications Inc and video-streaming firm BAMTech will form a joint venture to provide back-end technology for content owners, broadcasters and other platforms throughout Europe, the companies said on Tuesday.
Eurosport Digital, Eurosport's website and subscription based streaming platform, will be the initial client of the joint venture, called BAMTech…

Video website Hulu on Tuesday announced deals to add programming from Twenty-first Century Fox and Walt Disney Co to a streaming TV service that it plans to offer in early 2017.
Disney and Fox, as well as Comcast Corp and Time Warner Inc, own stakes in Hulu.
Hulu's live and…

The main financial backer of Russian and emerging markets mobile operator Vimpelcom is taking a stake in Qvantel, a Finnish supplier of mobile network management software, in its latest move to help reinvent Vimpelcom as an internet player.
L1 Technology said on Monday it was making a strategic investment for…

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